RSSChoicePoint Settles With 44 US States
By the Betanews Staff | Published June 1, 2007, 11:55 AM
ChoicePoint said Friday that it had settled with 44 states over its loss of data on 145,000 consumers. The company is also to pay about $500,000 in fines. As part of the agreement, ChoicePoint will put in place better security to protect consumer data. The company is said to have data on just about every American consumer, and the states had argued that lax security allowed criminals to break into the company's systems.
In February of last year, the company disclosed data had been compromised in what was then called the largest case of identity theft in history. The incident spurred a federal investigation that resulted with ChoicePoint settling with the Federal Trade Commission in January 2006, and paying $15 million USD in fines.
"...will put in place better security to protect consumer data"
Will!?!
They haven't already??!?!?! :(
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the suit never really was about the populous being hosed - it was about attorneys seeing GR$$N and realizing that in this day and age they had a tree ripe for the plucking.
Look at all of these stupid lawsuits - even the ones over so called "over charging" on the price of DRAM. Each buyer will probably get about $1 or two for their having to "over pay" for a chip - but the lawyers are going to get tens of millions of dollars.
Who really benefited from this? The lawyers. Nobody else - just the lawyers.
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so of course in settling it removes our rights to sue them, wonderful how america works isnt it?
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